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20110712
20110712
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cisco on big economy is not of major concern. the concern is to redeploy the talent as quickly as possible. >> market research firm glacier and company made headlines today with with this report. it predicts cisco global work force of more than 73,000 will be cut by 5000. 1,000 positions early retirement packages and another 4000 through layoffs. saving the company a total of 1 billion dollars a year. glacier analyst brian marshall says while it's a difficult decision to make in our view it is required in order to maintain the competitiveness of cisco going forward. company ceo john chambers already taking notable steps this year to restructure the networking giant. video cam operation are gone. consumer business realign and management forces are being reorganized. if the latest round of local layoffs goes above 1,000, it could have an impact on county wide unemployment numbers. >> combine this lay off with the the city and county lay off that have happened recently. i mean, tl those were good solid jobs and if they go away, officials cisco dominant player in network sw
has become too big to govern. a spokesman for the governor says it's a waste of everybody's time. >> peace and quiet, popular hotel chain unveils the first anti-snoring room. >> and first and last shuttle spacewalk is happening right now. >> and firefighters in one bay area station didn't have to go very far to respond to an overnight crash. what police say led to a crash right outside the firefighters' front door. >>> you're looking live picture from nasa tv. its spacewalk, the final spacewalk of the space shuttle era. two astronauts and nasa tweeted four minutes ago what they are doing is fixing a ground wire. the walk is expected to end in about six hours. normally it would be shuttle astronauts but instead it's two space station residents. atlantis as a four man crew, smallest crew and they didn't have time to train for the walk. they are retrieving a pump and installing a robot experiment. the final mission of atlantis has been extended by a day and is expected to return july 21. >>> a private funeral is just getting under way in southern california to t
Search Results 0 to 1 of about 2